Из жизни альткоинов

Компания-разработчик программного обеспечения MicroStrategy объявила о проведении собрания акционеров, где будет обсуждаться изменение «Плана 21/21», согласно которому компания планировала закупить биткоины на $42 млрд.

Комиссия по ценным бумагам и биржам Филиппин (SEC) представила первый вариант правил для поставщиков криптовалютных услуг. Ведомство готово обсудить предложенные требования с участниками рынка.

Власти Южной Кореи намерены внести поправки в законодательство о валютных операциях, которые ужесточат требования к совершающим международные операции поставщикам услуг виртуальных активов (VASP).

Временно исполняющий обязанности гендиректора Binance.US Норман Рид (Norman Reed) сравнил рынок криптовалют с восходящей лестницей, где каждый цикл основывается на предыдущем.

Правительство России утвердило список регионов и территорий, где с 1 января 2025 года будет запрещена добыча криптовалют и участие в пулах майнинга. Если верить документу, ограничение действует до 15 марта 2031 года.

A key figure in the cryptocurrency sector is out on a mission to push for a bipartisan crypto policy that would redefine the regulations governing digital assets. Cardano founder Charles Hoskinson will talk with Senator John Fetterman and other Democratic senators to lobby the crafting and establishment of policies that match the circumstances surrounding cryptocurrencies.

Crypto A Bipartisan Issue

The Cardano founder explained that cryptocurrency can become a bipartisan issue by engaging Democrat senators next year.

“Crypto isn’t a republican issue. It’s an American and global issue. Only by bringing everyone together can we get to the next level,” Hoskinson said in a post.

The crypto founder’s approach is to encourage lawmakers from both the Republicans and the Democrats to pause fighting each other, saying that both camps should collaborate and examine thoroughly what crypto can do for the country.

When people ask how we make crypto a bipartisan issue, these are the Democrats we need to talk to next year. I’ll meet with Senator Fetterman’s people and those like him. Many in leadership positions felt that Warren and Biden had gotten crypto wrong, and now is the time to bring… https://t.co/ru9u8f5879

— Charles Hoskinson (@IOHK_Charles) December 22, 2024

Talk With Senator Fetterman

Hoskinson said that one of the Democrat senators he plans to talk to for the bipartisan crypto policy is senator John Fetterman of Pennsylvania.

“I’ll meet with Senator Fetterman’s people and those like him,” Hoskinson said on his X post.

Fetterman has been in the headlines after giving his insights on why Donald Trump won the recent US election.

In an interview, the Democratic lawmaker believes that Trump emerged triumphant in the last election because he was seen as a protector of the American way of life, adding, “Trump is not a fascist like Kamala Harris claimed.”

“A lot of Democrats, especially in my state that I know and I happen to love people that [voted] for Trump and they are not fascists,” Fetterman said.

He argued that Americans decided to go for the candidate whom they perceived was going to protect and project their version of the American way of life.

Hoskinson noted that the senator is the kind of leader that cryptocurrency needs, leaders who are willing to challenge party lines and think differently.

The Cardano founder argued that cryptocurrency is a victim of political crossfire from the hard stance of the Biden administration and some US policymakers like Elizabeth Warren against the crypto sector.

Crypto Users Bill Of Rights

Hoskinson is also advocating a “Bill of Rights” for crypto users, a proposal he plans to push for.

He explained that the suggested “Bill of Rights” would focus on consumer protection, fair taxation, and clear asset classification.

Furthermore, the crypto founder initiated a campaign that he dubbed “Operation Baseline,” saying that the campaign aims to identify inefficiencies in the cryptocurrency market in the country and craft legislation that will address these inefficiencies.

Featured image from DALL-E, chart from TradingView

On-chain data shows the XRP blockchain has witnessed sharp wallet growth recently and has outpaced giant networks like Bitcoin and Ethereum.

XRP Has Been Gaining Rapid Adoption Recently

According to data from the on-chain analytics firm Santiment, the top cryptocurrencies have witnessed significant growth in Total Amount of Holders over the last couple of years.

The “Total Amount of Holders” here refers to an indicator that, as its name already suggests, keeps track of the total number of non-zero balance addresses that are present on a given network.

When the value of this metric rises, it can suggest new investors are joining the blockchain and/or old ones who had sold earlier are buying back. The trend can also arise when existing users create multiple addresses for a purpose like privacy.

In general, all three of these are at play to a degree at once whenever the Total Amount of Holders goes up, so some net adoption of the cryptocurrency could be assumed to be taking place.

On the other hand, the indicator going down implies some of the investors have decided to exit from the asset, which is why they are clearing out their addresses.

Now, here is a chart that shows the trend in the Total Amount of Holders for the top four cryptocurrencies by market cap: Bitcoin, Ethereum, Tether, and XRP.

As is visible in the above graph, the Total Amount of Holders has seen a sharp increase for all four of these assets over the last couple of years. This naturally suggests that the cryptocurrency sector has seen a high influx of users.

While Bitcoin, Ethereum, and Tether have witnessed a more or less consistent uptrend in this period, XRP has shown divergence recently as the indicator has skyrocketed for it.

From the chart, it’s visible that the Total Amount of Holders started its breakaway for the coin on October 18th. Interestingly, the asset’s price didn’t begin to rally until the middle of November, so it would seem that it’s this rapid adoption that helped build up a solid ground for the cryptocurrency to run on.

In terms of the long-term trend, USDT has been the asset that has seen the most adoption, with its Total Amount of Holders rising by around 66% during the past two years. Ethereum has been second at 47% and XRP third at 28%. Bitcoin has only been marginally behind with a 27% increase.

While XRP has held its own in terms of adoption rate, the network is still the smallest among these giants with its number of investors standing at 5.75 million right now.

XRP Price

XRP has observed a slowdown alongside the rest of the cryptocurrency sector as its price is still trading around $2.17.

While Ethereum (ETH) has once again failed to break through the stubborn $4,000 resistance level, BlackRock’s iShares Ethereum Trust ETF has quietly accumulated over one million ETH. This milestone reflects strong institutional demand for Ethereum, even as its price performance in 2024 remains lackluster.

Institutional Interest In Ethereum On The Rise

Year-to-date (YTD), Ethereum – the second-largest cryptocurrency by market cap – has risen by 43%, climbing from approximately $2,280 on January 1 to $3,283 at the time of writing. While this is notable, ETH’s performance has been overshadowed by other cryptocurrencies like XRP, Solana (SOL), and SUI, which have posted significantly higher gains in the same period.

However, Ethereum holds a key advantage over most altcoins – direct access to institutional investors through regulated ETFs, akin to Bitcoin’s position in the market. In a recent post on X, crypto entrepreneur Dan Gambardello highlighted that BlackRock’s Ethereum ETF has now surpassed one million ETH in holdings.

Gambardello noted that ETH’s consolidation below its all-time high (ATH), combined with growing institutional interest, sets the stage for a potential altcoin season “unlike any we’ve ever seen.” Recent ETH ETF inflow data appears to support this outlook.

According to data from SoSoValue, US spot ETH ETFs have had four continuous weeks of net inflows, attracting more than $2 billion in capital. The total net assets held across all US spot ETH ETFs stand at $12.15 billion, equivalent to almost 3% of Ethereum’s total market cap.

Crypto analysts remain optimistic that Ethereum, the leading smart-contract platform, is on track to reach a new ATH. For instance, CryptosRus pointed out that historically, Ethereum has demonstrated bullish price action during the first four months of the next year, following US presidential elections.

The chart below shows that after the 2016 US election, ETH rallied significantly during the first quarter of 2017. A similar pattern was observed in 2021 following the 2020 election, with Ethereum recording four consecutive weeks of price increases.

From a technical perspective, crypto analyst @CryptoPoseidonn shared an 8-hour ETH chart, suggesting that ETH may bottom around the 200-day exponential moving average (EMA), marked in green. The analyst stated:

The first pullback since the last significant upside move, and fear is at its peak. I believe this is where we print a higher low. Dips like these are opportunities to increase your spot exposure.

Is The Market Correction Nearing Its End?

The total crypto market cap has dropped from $3.9 trillion on December 16 to $3.4 trillion at the time of writing – a $500 billion loss in a week. Data from Coinglass reveals that over $289 million worth of liquidations occurred in the past 24 hours alone.

Despite this downturn, seasoned crypto analyst Pentoshi suggested on the 3-day chart that the crash could serve as a retest of the previous crypto market cap ATH recorded in November 2022. If so, this level might act as a base for the next upward rally.

However, not all analysts are bullish in the short term. Renowned crypto entrepreneur Arthur Hayes recently warned of a potential market downturn around Donald Trump’s inauguration in January. At press time, ETH trades at $3,283, up 1.2% in the past 24 hours.

Автор книги «Богатый папа, бедный папа» Роберт Кийосаки (Robert Kiyosaki) снова назвал биткоин средством защиты от экономической неопределенности и пообещал глобальные экономические потрясения в Европе, Китае и США.

Hyperliquid (HYPE), a decentralized perpetual exchange (DEX) operating on its own Layer 1 blockchain, is currently grappling with significant security concerns after observing abnormal trading activities linked to North Korean hacker groups. Several addresses marked as North Korean hacker have been trading on Hyperliquid, with a total loss of more than $700,000, as first highlighted by @tayvano_, a crypto threat tracker known for his expertise in identifying risks related to North Korean cyber activities.

According to @tayvano_, the nature of these transactions suggests that they may be tests of Hyperliquid’s security systems rather than mere financial activity. He expressed his concerns through a post on X. “DPRK’s trading career is…uh….going….. tbh if I was the dude managing Hyperliquid’s 4 validators (or those fucking ghetto ass binaries on gh) I would be shitting my pants right now. Hyperliquid dudes don’t seem worried at all though so I’m sure its fine. […] DPRK doesn’t trade. DPRK tests,” he explained.

Further underscoring the urgency of the situation, @tayvano_ followed up with a strong statement about the necessity for immediate action by Hyperliquid to enhance its defenses. “My offer from 2 weeks ago still stands Hyperliquid. I’m still happy to do it async or via a call. I can even give you one of my super nice happy colleagues if you don’t like me. But a massive amount of harm will come to people if you don’t harden your ass asap,” he warned.

Hyperliquid Faces Some Serious Risks

Prithvir Jhaveri, founder and CEO of Loch, a personalized crypto portfolio analytics and intelligence platform, provided an assessment of the challenges which Hyperliquid is facing via X. Jhaveri detailed the operational security risks, highlighting the exposure due to the platform’s reliance on a minimal number of validators.

“Wallet addresses well-known to be from the North Korean hacker group Lazarus have been testing Hyperliquid. Typically, these addresses perform tests with live funds before coordinating a hack. Their preferred method of approach is phishing. HL has only 4 validators, all running the same code,” Jhaveri reported.

He also elaborated on the regulatory challenges that Hyperliquid might face. He discussed the potential for violations of US Office of Foreign Assets Control (OFAC) sanctions and Securities and Exchange Commission (SEC) regulations due to the platform’s interaction with entities from a sanctioned country and its operation as an unregistered broker, respectively.

They’re operating financial software that is being used by an OFAC-sanctioned country (DPRK). They can argue that their software is open source and non-custodial, but we’ll have to wait and watch. Moving from 4 validators to 16 could help their case,” he explained about OFAC risks.

About the SEC risks, he added: “The SEC could go after HL for operating as an unregistered broker. The good thing for HL is that the next administration’s SEC and Congress are positioned to be pro-crypto and freedom. The issue, however, is that the sponsors for this crypto lobby are directly competitive to HL. HL didn’t take any VC funding. They’re up against the big money that is economically incentivized to protect the interests of the current CEXs (Coinbase and Kraken) and L1s (Ethereum and Solana).”

The concentration of market-making activities within Hyperliquid’s own liquidity provider (HLP) is another concern Jhaveri raised, pointing out the risks associated with a centralized approach to liquidity. He warned that any significant exploit could lead to substantial financial loss for customers: “The HyperLiquid Liquidity Provider (HLP) is by far the largest MM by volume […] One bug or exploit and customer funds could vanish quickly.”

In conclusion, Jhaveri summarized the strategic position of Hyperliquid amid these challenges. “The HL team has built an incredible product. Trading perps on Hyperliquid is unparalleled in UX. However, the risks they face are not nothing. If they can overcome these, Valhalla is not far away […], but I’m struggling to see the risk-adjusted upside in bidding right now.” he concluded.

At press time, HYPE traded at $28.

Соучредитель и генеральный директор компании Blockstream заявил, что достижения в области квантовых вычислений окажут на блокчейн Биткоина не тот эффект, который принято ожидать. Они сделают сеть еще сильнее, считает криптограф.

On-chain data shows HODLing behavior on the Litecoin network has remained strong recently despite the plunge that LTC’s value has observed.

Litecoin HODLers Currently Control The Majority Of Supply

In a new post on X, Litecoin’s official handle talks about how the asset supply is distributed between its different cohorts right now. The investors have been divided into the groups in question based on holding time.

There are three such cohorts relevant here: Traders, Cruisers, and HODLers. The first of these, the Traders, refers to the investors who bought their coins within the past month. This cohort includes the new investors and short-term traders of the market, so the supply held by them is constantly in motion.

Holders that make it past the one-month cutoff are put into the Cruisers group. This cohort represents the side of the sector that has the potential to evolve into a resolute wall.

Investors that hold past the one-year mark without moving their coins even once can be assumed to have lived up to this potential and are put in the HODLers category.

Below is the chart from the market intelligence platform IntoTheBlock shared by the Litecoin X account that shows how the supply held by each of these three groups has changed over the course of the network’s history:

As displayed in the graph, the supply held by Litecoin Traders has observed an increase recently, which suggests the older cohorts have been breaking their dormancy.

It’s also visible, however, that the Cruisers have witnessed their supply moving sideways at the same time, implying the coins on the move have been older than one year. That is, the HODLers have potentially been participating in a selloff.

These investors generally tend to be quite resolute, but it’s not unusual to see them taking profits during bull runs. The decline in their supply has also not been anything too significant so far. More importantly, the latest crash in the Litecoin price hasn’t caused these investors to panic and sell.

After the decrease, the HODLers carry 40.5 million LTC in their wallets, equivalent to almost 54% of the total LTC supply. A lot of this supply is also actually much older than one year, as the cryptocurrency’s handle has revealed the average holding time on the network is 2.4 years per token.

Something to note is that while selling registers immediately in the supply charts of the older cohorts, buying isn’t the same. Whenever the Cruisers or HODLers see an increase in their supply, it doesn’t mean that accumulation is happening in the present, but rather that it occurred one month or one year ago.

This is naturally due to the fact that coins have to age up sufficiently first in order to be counted among these cohorts. In contrast, transactions instantly reset back their age to zero, which is why selling is immediate.

LTC Price

At the time of writing, Litecoin is trading around $102, down 15% over the last week.

The latest report from CoinShares, a leading digital asset investment firm, reveals that last week’s performance for crypto asset investment products was mixed.

According to the report, the market experienced inflows totaling $308 million, marking a continuation of positive trends. However, there was also a series of outflows that amounted to roughly $1 billion.

Deciphering The Fund Flows

The data shared by CoinShares highlighted substantial outflows, with December 19 witnessing a single-day outflow of $576 million. The final two days of the week contributed an additional $1 billion in total outflows, raising concerns among market participants about sustained investor sentiment.

James Butterfill, Head of Research at CoinShares, explained that these outflows “coincided with a price correction” and “followed the hawkish outlook” presented by the Federal Reserve during its Federal Open Market Committee (FOMC) meeting.

According to Butterfill, the market reacted to the revised “dot plot,” which suggested potential future interest rate hikes. Despite these notable outflows, the cumulative impact on total assets under management (AuM) was relatively minor, equating to just 0.37% of total AuM.

Butterfill further noted that this event ranks as the 13th largest single-day outflow recorded, with the most significant outflow occurring in mid-2022 after a similar FOMC announcement.

While the headline numbers suggest market caution, Bitcoin (BTC) showed resilience, managing net inflows of $375 million despite intra-week volatility. Notably, short Bitcoin products saw minimal activity, indicating continued investor confidence in Bitcoin’s long-term potential.

Altcoins and Multi-Asset Investment Trends

The report further revealed the contrasting performances between various altcoins and multi-asset investment products. Particularly, outflows from multi-asset funds were quite significant hitting $121 million, as investors took a more selective, asset-specific approach.

Such behavior indicates investors are becoming pickier and targeting assets with firmer fundamentals and the potential to grow. Ethereum (ETH) remained a prominent performer, securing $51 million in inflows over the week.

These inflows reaffirm Ethereum’s position as a key player in the digital asset space, driven by sustained institutional interest and optimism surrounding its technological upgrades.

However, not all major altcoins shared this positive momentum. Butterfill reveals that Solana (SOL) experienced $8.7 million in outflows, contrasting sharply with Ethereum’s positive movement.

It is worth noting that the discrepancy suggests a divergence in investor sentiment between these two major assets, potentially influenced by ongoing ecosystem developments and perceived risks.

In contrast, following ETH, XRP emerged as one of the standout altcoin performers, recording $8.8 million in inflows. Similarly, Horizen (ZEN) and Polkadot (DOT) reported inflows of $4.8 million and $1.9 million, respectively, highlighting a preference for specific altcoins despite broader market volatility.

These inflows suggest continued investor confidence in the long-term potential of select blockchain ecosystems, even amid short-term corrections.

Featured image created with DALL-E, Chart from TradingView

Bitcoin has endured days of underwhelming price action, retreating from its all-time high of $108,364 to a local low of $92,100. Despite this sharp pullback, the price structure remains bullish, fueling optimism among analysts and traders who believe Bitcoin’s rally could resume at any moment. Market sentiment appears cautious but hopeful, with many eyeing key support and resistance levels for confirmation of the next major move.

CryptoQuant analyst Axel Adler recently shared intriguing data on X, shedding light on Bitcoin’s current trading dynamics. According to Adler, the average daily trading volume on centralized exchanges (CEX) is currently at $31 billion—significantly lower than the $40 billion record highs observed in March and December of this year. This decline in trading activity suggests that market participants are waiting for clearer signals before committing to large positions.

The reduced trading volume highlights an environment of consolidation and potential accumulation as BTC continues to hold above critical support levels. With bullish sentiment still intact and on-chain metrics pointing to strong fundamentals, the coming days could provide pivotal insights into Bitcoin’s trajectory. Investors are now closely monitoring the price action for signs of renewed momentum as the market braces for what could be the next phase of Bitcoin’s bull run.

Metrics Suggest An Ongoing Rally

Bitcoin has been undergoing a period of consolidation below its all-time high, and many investors have felt a sense of uncertainty, wondering if the cycle’s top has already arrived. This fear has been amplified by the recent price pullback, but key metrics suggest that there is still plenty of room for growth and demand in the market. The current price action might look bearish to some, but the underlying data points to a continued bullish outlook in the near term.

Top analyst Axel Adler recently shared insightful data on X, revealing that the average daily trading volume on centralized exchanges (CEX) currently stands at $31 billion, which is $9 billion lower than the record highs observed in March and December of this year. 

Despite this decline in volume, it suggests that the market is in a consolidation phase rather than a full-blown downturn. Additionally, ETF trading volumes remain strong, averaging $4.4 billion per day, with a peak of $6.7 billion reached in March. Combined, these metrics total an average of $35.5 billion in daily trading volume, reflecting substantial activity in the market.

Now, consider the scenario where traditional finance (TradFi) never entered the space. In such a scenario, the market would have likely continued as it has in the past—driven by futures and spot market activity during cycle peaks.

 The involvement of TradFi has undoubtedly added liquidity, but it hasn’t fundamentally altered the market’s natural dynamics. The fact that Bitcoin continues to experience healthy trading volume suggests that the bull market may not be over just yet.

Bitcoin Holding Strong Above $95K

Bitcoin is currently holding above the crucial $95,000 level, which is a key price point for determining the short-term direction. This level has acted as a significant support zone, and if BTC can maintain its position above $95K in the coming days, a push towards the $100K mark would be expected. This potential upward move would signal that the bulls are regaining control and are preparing to challenge previous all-time highs.

However, if BTC fails to hold above $95K and loses this level of support, it would likely send the price to test lower demand zones. In this scenario, the next significant support level lies around $92,000, which could act as a critical test for the market’s strength. A breach below this mark would increase the likelihood of a deeper correction, with BTC possibly moving toward even lower levels. 

The coming days will be crucial for BTC, as maintaining support above $95K is vital for sustaining the bullish momentum and avoiding further downside pressure. The market remains in a delicate balance, and the next move could determine whether Bitcoin continues its ascent or faces a more significant pullback.

Featured image from Dall-E, chart from TradingView

Crypto analyst Master Kenobi has presented a master plan, suggesting that Floki (FLOKI), a dog-themed meme coin, is on the brink of a massive breakout. While Dogecoin (DOGE) and Shiba Inu (SHIB) have experienced notable price surges in the past, Floki is projected to skyrocket by at least 1,100% in Q1 2025.

Floki Set For 1,100% Pump In Q1 2025

In a recent X (formerly Twitter) post, Master Kenobi expressed optimism about Floki’s future price prospects. He based his forecasts on historical price cycles, which appear to follow a predictable pattern every 365 days. 

The analyst shared a chart showing that Floki has exhibited recurrent bull patterns approximately one year apart. During each year, a significant price pump began after a period of consolidation, marked by the red arrows and purple rectangles on the chart. 

Kenobi highlighted that during the 2021 price pump, Floki surged 92X after undergoing a consolidation period of about 112 days. Following this pump, the meme coin experienced a massive decline of about 98.5% before stabilizing slightly and starting another round of consolidation. 

Over the past few years, the price of Floki has surged significantly, experiencing a bullish trend similar to that of its 2021 pump. The chart’s data shows that the meme coin rose 11X in 2022 and 22X in late 2024.

Based on this recurring bullish trend, Kenobi suggests Floki is approaching a breakout zone where its price could skyrocket to new highs this cycle. The analyst projects a minimum 10X to 11X pump for Floki by Q1 2025. 

The yellow rectangles on the chart indicate a critical time frame before a major breakout, with a significant price jump often occurring after 112 or 140 days of consolidation. If past trends hold, Kenobi predicts Floki could see a breakout after two weeks if it consolidates for 112 days or in early February if it stabilizes for 140 days. 

Looking at the chart’s analysis, each cycle Floki recorded a massive price pump, with an upward movement lasting about 35 days. Following the recurrent historical trends, a similar timeframe is anticipated for Kenobi’s projected 1,100% price breakout for Floki. 

According to CoinMarketCap, the price of Floki is currently trading at $0.000169, reflecting a 25.4% crash over the past week. Despite this downtrend, if Floki can surge by 1,100%, it would propel its price to $0.00185, marking a new all-time high.  

Macro Indicators And RSI

In addition to historical data, Kenobi has revealed that macro indicators like Floki’s Relative Strength Index (RSI) add credibility to his 1,100% price forecast for Floki. Historically, when the RSI reached similar levels after each consolidation phase, Floki followed up with an explosive price action. 

This consistency between past trends, technical indicators, and Floki’s price behavior further strengthens the analyst’s confidence in his bullish prediction of an 11X surge by Q1 2025.

Recent price movements suggest a potential resurgence of Dogecoin’s upward momentum in the midst of growing volatility within the general crypto market. As a result, several crypto analysts continue to display robust confidence in the dog-themed meme coin’s upside trajectory toward higher levels.

A Rally For Dogecoin Just Around The Corner?

Despite prevailing bearish market sentiment, a bullish sign has been spotted in Dogecoin’s current price performance. Market expert and investor Trader Tardigrade has pointed out that DOGE could be gearing up for a major move in the near future. This bold prediction indicates the meme coin’s resiliency and stability amidst waning conditions. His growing confidence in Dogecoin is solely attributed to a bullish trend cited on the DOGE’s 3-day time frame, particularly an Ascending Trend Zone.

According to the market expert, Dogecoin has converted previous resistance into support, signaling renewed strength in the meme coin’s price action. Meanwhile, a price rejection is seen at the ascending trend zone.

Investors and traders have taken notice of this optimistic trend, seeing it as a possible basis for future upward momentum. Trader Tardigrade claims that the development is a good and encouraging indication that the market continues to move in the right direction.

Dogecoin further showcases its potential for substantial upside growth following the formation of an Ascending Channel pattern. This key pattern, also known as channel up, consists of two lines facing an upward direction, representing resistance and support levels or higher highs and higher lows.

The expert highlighted that Dogecoin, forming the key pattern from the bottom, has reached near the upper line of the channel. With market sentiment improving, DOGE’s ability to break above this newly established pattern could pave the way for significant price gains in the coming sessions.

Trader Tardigrade highlighted that the anticipated breakout may occur anytime soon, citing the recreation of a large bullish candle observed in January 2021. He expects the official announcement about business mogul Elon Musk assuming his duties as the head of D.O.G.E (Department of Government Efficiency) in January 2025 to propel the meme coin’s price, possibly reaching new all-time highs.

DOGE Bearish Performance Continues

Dogecoin continues to witness bearish movement, raising uncertainty about its short-term potential. The persistent drop has impacted investors’ confidence, leading to a nearly 25% decline in trading volume in the past day.

At the time of writing, DOGE was trading at $0.31, indicating a more than 20% decrease in the last 7 days. Once DOGE regains its upbeat strength, the next crucial resistance level to watch out for could be the $0.337 mark. Justin Bennet, a technical analyst and trader, anticipates a rally to $0.48 and $0.74 should the meme coin reclaim the $0.337 level on the daily time frame and higher.

Компания-разработчик программного обеспечения MicroStrategy продолжила агрессивную покупку биткоинов — с 16 по 22 декабря компания приобрела 5 262 BTC на сумму $561 млн, о чем официально объявила 23 декабря.

The long-awaited Santa Rally seems to have come to a premature end – but you’ve still got the Christmas bonus burning a hole in your pocket.

With Bitcoin finishing down last week for the first time since early November, investors are consolidating their positions. But where should you drop some USD if you have a little free pocket change and want to buy the dip?

While the slight downturn is not quite the Christmas gift we’re looking for – the market remains strong, up 100% in total market cap over a year ago.

And with a pro-crypto US government about to take the reins, there’s plenty of potential out there, especially in the altcoin space. That’s why we’ve rounded up the five 5 low-cap coins you shouldn’t underestimate as 2025 draws to a close. 

Solaxy – The Solana Upgrade You Always Wanted

More than a mere meme, Solaxy ($SOLX) is a coin with real utility, and aims to solve the problem some people have experienced with the Solana platform.

Solana – which staged a successful comeback in the latter half of 2024 – is widely considered faster and more reliable than Ethereum.

But that doesn’t mean it’s as fast or as reliable as it could be. That’s where $SOLX comes in. 

The Solaxy project bills itself as the first-ever Solana Layer-2. The $SOLX token offers lucrative staking in the early stages, and the project has already reached $4.6M in presale. 

$SOLX is also multi-chain, so it blends the speed and scalability of Solana Layer 2 with the increased scalability of Ethereum.

Currently, 1 SOLX = $0.001576 in the presale, but the price is set to go up soon.

iDEGEN – AI-Powered Crypto Degen Trading

AI is what you make of it. 

So what if you made it a crypto-obsessed, degen-trading, memecoin-loving blockchain addict?

That’s exactly what iDEGEN is — a blank-slate AI created without existing restraints or guardrails and set loose on the crypto Twitterverse, or is that Xverse? In any event, every time someone tweets at or responds to iDEGEN, it responds – and it learns.

The idea of an AI degen that’s even more addicted to shitcoins than we are seems to have its appeal; iDEGEN released a V2 last week and instantly saw a boost in presales to over $8M.

The project is attracting a lot of press, and going through the X feed is a treat.  Also, who says AI can’t be used to your advantage?

Wall Street Pepe – Green Frog Vibes, Wall Street Smarts

$WEPE relies on some simple math. 

Take one (1) OG Pepe the frog, add one (1) Wall Street hedge investor type, and get two (2) winning ideas: a savvy investment community and $PEPE memecoin chops.

With the tagline ‘Trade like $PEPE, buy $WEPE,’ Wall Street Pepe is smashing records in its presale and looks set for sustained success.

$WEPE already has $35M raised with weeks to go in its presale period. The token looks set to emulate and even top the success of the original Pepecoin and the recent Pepe Unchained memecoins.

1 $WEPE = $0.0003653, at least until the next price increase.

Vantard – Diversify with a Memecoin Portfolio

Vantard wants to make crypto investing cool. And easy. And profitable. 

The presale, still in its early stages, is showing signs of promise, with nearly $1M raised so far.

Vantard offers an investment portfolio of memecoins as a way to supercharge return on investment in the highly volatile – but highly lucrative – memecoin sector.

It’s a unique approach, offering time-poor investors an easy way to invest in a curated selection of the top memecoins, all through one token, the provocatively named, $VTARD. 

Dogizen – Be First with a Telegram Gaming ICO

Telegram gaming (and memecoin investing, and igaming, and so much more) took off in 2024. In fact, Telegram’s own token, $TON, also made waves.

Now, Dogizen aims to be the first Telegram ICO.

The first of anything is always exciting, and Dogizen looks set to further bridge the gap between Telegram’s millions of users and the growing number of crypto investors.

Dogizen has also been rumored to be in the running for a Binance listing, which is sure to add to the $2.4M raised in the presale so far.

Purchase Dogizen tokens for $0.000081 before the next stage of the presale.

Santa: Delivering Memecoin Winners for Christmas?

While there’s no guarantee with memecoins, we think it’s a good idea to keep an eye on these 4 coins – Santa might be leaving a crypto winner under your tree.

That said, this is not investment advise. You need to do your own research and make sure that you’ve got a clear head before making any investment.

In a livestream on December 21, titled “Partnerships,” Cardano founder Charles Hoskinson addressed lingering questions about the relationship between Input Output (IO) and the Cardano Foundation (CF), while also offering broader insights into the ecosystem’s path forward. During the nearly 40-minute session, Hoskinson responded to a public remark by a longtime community member, Rick McCracken, touching on everything from on-chain governance to potential integrations with ecosystems like Polkadot, Hedera Hashgraph, and more.

Hoskinson Takes Another Jab At The Cardano Foundation

The conversation stemmed from McCracken’s post on X questioning whether disagreements between IO and the CF might jeopardize external partnerships. In that post, McCracken expressed concern, writing, “If Charles, Tam, and Fred can’t build a lasting professional relationship between IOHK and Cardano Foundation inside of the Cardano ecosystem, why should I expect them to build the lasting professional relationship with organizations outside the ecosystem?”

Hoskinson responded directly, explaining his frustration with what he calls a longstanding, “philosophical and fundamental difference” between the two entities. Throughout the livestream, he emphasized that these disagreements largely revolve around the foundation’s structure and its use of community funds, which he believes should be steered by the ecosystem rather than a closed board.

“For three years, there’ve been disagreements and fights because there’s a philosophical and fundamental difference between the Cardano Foundation and Input Output,” Hoskinson stated. “Some fights are worth having, because that’s a war chest for our ecosystem and it’s under the control of people that are unaccountable to the community.”

A central point of contention, according to Hoskinson, is the Cardano Foundation’s control over an estimated $600 million worth of ecosystem funds. He underscored that, in his view, these funds are “the community’s money” and should be deployed with robust transparency and accountability.

“It’s $600 million of your money, my money, everybody’s money,” Hoskinson said. “That’s the philosophical issue, and for three years behind the scenes, our people and their people tried to hammer this out.”

Hoskinson insisted that conflicts over governance are not simply “petty differences.” Instead, he described them as core to Cardano’s decentralized identity and future, particularly as the platform moves toward on-chain governance through CIP-1694 and prepares for major developments in 2025.

Upcoming Cardano Partnerships

Despite internal governance challenges, Hoskinson stressed that external collaborations remain robust. He pointed to ongoing talks with various blockchain ecosystems—Polkadot, Hedera Hashgraph, and Elrond (now MultiversX)—as well as discussions with big tech players like Microsoft Azure.“We have never had better opportunities as an ecosystem to make partnerships with people because the reality is we have great tech,” he said. “What are we doing with the Polkadot ecosystem, what are we doing with Elrond, what are we doing with Hedera Hashgraph? … We’re going to have some great announcements.”

With regards to Microsoft Azure, Hoskinson revealed: “[I’m] talking to all the legacy people as well. Especially the big guys. Just had a meeting with Microsoft Azure because they’re a confidential Computing Consortium. This whole idea of merging this big infrastructure, it’s a great play for Midnight.”

Speaking on the latter, Hoskinson highlighted Midnight, an upcoming Cardano-based protocol focused on data protection, privacy, and confidential computing, which he said has “95 partnerships” already in the pipeline.

Throughout the livestream, Hoskinson consistently underscored the importance of on-chain governance as the long-term mechanism to resolve disagreements and steer Cardano’s evolution. He applauded community-driven initiatives like Intersect and Pragma, both aimed at bringing more coordination among builders, core developers, and other stakeholders.

“Your duty as a Constitutional Committee Member—and it’s the duty of the Cardano people who participate in governance—is to put the spotlight on the on-chain governance system,” he noted, urging individuals across the community to “grow up” and engage productively.

Despite acknowledging tensions, Hoskinson remains optimistic about Cardano’s trajectory. He referenced the ecosystem’s growing DeFi and NFT sectors—pointing to teams such as Midgard and Gummy Worm on Layer 2, and the upsurge in memecoins within the Cardano ecosystem.

“We have a great DeFi ecosystem,” Hoskinson said, naming multiple projects. “Every year, month after month, they grow in population, they grow in TVL, they keep releasing new additions. They’re learning how to build on Cardano.”

At press time, ADA traded at $0.90.

In the US, former football star Robert “Bo” Hines has been appointed as executive director of the Presidential Council of Advisers for Digital Assets, signaling yet another positive move for cryptocurrency policy. 

President-elect Donald Trump broke the news on his social media platform Truth, announcing Hines as the latest addition to his newly formed Crypto Council, which Trump describes as an “advisory group composed of luminaries from the crypto industry.” 

Hines is a law graduate and former college footballer who played for the NC State Wolfpack and Yale Bulldogs. After retiring from American football in 2017, the Republican entered politics in 2021. 

Trump is wasting no time in assembling his luminous Crypto Council. He recently announced that it’s to be chaired by “AI and crypto czar” David Sacks. This South African-born entrepreneur has been mandated to “work on a legal framework, so the crypto industry gets the clarity it has been asking for, and can thrive in the US,” according to Trump.

Another recent Trump appointment is that of Sriram Krishnan as Senior Policy Advisor for AI at the White House Office of Science and Technology Policy.

Sriram, a founding member of Windows Azure, is expected to work closely with Sacks and the Crypto Council. 

Full Speed Ahead For Cryptocurrency

Having a Crypto Council in the White House is a highly significant move for cryptocurrency. The advisory group of pro-crypto hotshots is set to focus exclusively on digital-asset policies in the US. And with the right legislation in place, the crypto market can only grow. 

Trump also plans to establish a US bitcoin strategic reserve, prompting MicroStrategy founder Michael Saylor to claim that a bitcoin reserve could create $81 trillion for the US Treasury.

Saylor is also proposing a digital assets framework, under which clear roles for issuers, exchanges, and owners will be defined, evening the playing field and ensuring that no participant – regardless of their role – is able to“lie, cheat, or steal.”

That’s great news for the cryptocurrency market, including newcomers such as Wall Street Pepe ($WEPE). This presale meme coin has a similar mantra – evening the playing field for the smaller frogs and preventing whales from manipulating the crypto market.

Wall Street Pepe is building an exclusive, insider community, giving everyday investors an opportunity to take on the whales and see their own high returns by working together and sharing insights and tips. 

Touted as a presale meme coin to watch, $WEPE has been smashing every new presale record with $35M already raised. It saw a $6 million capital inflow within just 24 hours and has a rapidly growing frog army on X marching in step as the meme-coin momentum continues.

A heads-up, though. The presale is about to enter its next stage, so the clock is ticking if you’re considering taking the leap. Remember, it’s your responsibility to DYOR, as this article does not constitute financial advice.

Begin with a visit to the $WEPE X channel, and take some time to read the whitepaper.